Sweden Active Pharmaceutical Ingredients Market Size & Outlook

The active pharmaceutical ingredients market in Sweden is expected to reach a projected revenue of US$ 2,481.3 million by 2030. A compound annual growth rate of 6.4% is expected of Sweden active pharmaceutical ingredients market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,611.7
Forecast, 2030 (US$M)
$2,481.3
CAGR, 2024 - 2030
6.4%
Report Coverage
Sweden

Sweden active pharmaceutical ingredients market, 2018-2030 (US$M)

Sweden

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Sweden active pharmaceutical ingredients market highlights

  • The Sweden active pharmaceutical ingredients market generated a revenue of USD 1,611.7 million in 2023 and is expected to reach USD 2,481.3 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
  • In terms of segment, synthetic was the largest revenue generating type of synthesis in 2023.
  • Biotech is the most lucrative type of synthesis segment registering the fastest growth during the forecast period.


Active pharmaceutical ingredients market data book summary

Market revenue in 2023USD 1,611.7 million
Market revenue in 2030USD 2,481.3 million
Growth rate6.4% (CAGR from 2023 to 2030)
Largest segmentSynthetic
Fastest growing segmentBiotech
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSynthetic, Biotech
Key market players worldwideDr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Teva Pharmaceutical Industries Ltd, Cipla Ltd DR, AbbVie Inc, Aurobindo Pharma, Sandoz Group AG Registered Shares, Viatris Inc, Fresenius Kabi


Other key industry trends

  • In terms of revenue, Sweden accounted for 0.7% of the global active pharmaceutical ingredients market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 5,744.8 million by 2030.

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Active Pharmaceutical Ingredients Market Companies

Name Profile # Employees HQ Website

Sweden active pharmaceutical ingredients market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to active pharmaceutical ingredients market will help companies and investors design strategic landscapes.


Synthetic was the largest segment with a revenue share of 69.87% in 2023. Horizon Databook has segmented the Sweden active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.


The pharmaceutical market in Sweden is highly regulated and characterized by a strong emphasis on patient safety and access to innovative medicines. The country has a universal healthcare system, which means that the government plays a significant role in the pricing and reimbursement of pharmaceutical products.

In recent years, the government in Sweden implemented various measures to control healthcare costs, including introducing reference pricing and using Health Technology Assessments (HTA) to evaluate the new drugs’ value. These measures ensure the healthcare system can provide costeffective treatments to its population.

In addition, Sweden strongly focuses on promoting generic medicines to reduce healthcare expenditures. This creates an opportunity for the generic API manufacturers to ramp up the supply and increase the production of generic drugs. Companies such as Cambrex have facilities in the region that provide generic and innovative API.

Reasons to subscribe to Sweden active pharmaceutical ingredients market databook:

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Target buyers of Sweden active pharmaceutical ingredients market databook

  • Our clientele includes a mix of active pharmaceutical ingredients market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Sweden active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Sweden active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Sweden active pharmaceutical ingredients market size, by type of synthesis, 2018-2030 (US$M)

Sweden Active Pharmaceutical Ingredients Market Outlook Share, 2023 & 2030 (US$M)

Sweden active pharmaceutical ingredients market size, by type of synthesis, 2018-2030 (US$M)

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